Studio Works ApS — Credit Rating and Financial Key Figures

Studio Works ApS (CVR number: 39575809) is a company from FREDENSBORG. The company recorded a gross profit of -1.4 kDKK in 2023. The operating profit was -2.8 kDKK, while net earnings were -3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.6 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Studio Works ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.